May 15 2018

Turkish born economist to help Armenian government

Turkish born economist Daron Acemoglu has accepted an invitation by the Armenian government to help the country create policies to lift the country’s economy out of the doldrums, said Armenia’s new Prime Minister Nikol Pashinyan, according to a report in Turkey’s pro-government Hurriyet newspaper.

Acemoglu, who parents are Armenian, is one of the worlds most prominent economists. He has taught at the Massachusetts Institute of Technology (MIT) since 1993 and is best known for his work on political economy.

In 2011 he rejected an offer extended by then Turkish Prime Minister Ahmet Davutoğlu to become Turkey’s permanent representative at the Organisation for Economic Co-operation and Development (OECD).

At a conference last year Acemoglu said, “Armenia could have looked much more like the Czech Republic or Estonia and what we got instead is a country that looks much more like Azerbaijan or Uzbekistan, which is a real shame."

The date at which Acemoglu will arrive in Armenia has not yet been finalized, said Pashinyan in a Facebook post.